Report Update: Apr 1, 2024

Guatemala - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lathe for Removing Metal in Guatemala - 2023

Price for Lathe for Removing Metal in Guatemala (CIF) - 2022

The average lathe for removing metal import price stood at $18,877 per unit in 2022, shrinking by -21.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 76% against the previous year. The import price peaked at $24,078 per unit in 2021, and then declined notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($53,286 per unit), while the price for Hong Kong SAR ($4,512 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+65.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lathe for Removing Metal in Guatemala (FOB) - 2022

In 2022, the average lathe for removing metal export price amounted to $20,349 per unit, increasing by 112% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 524% against the previous year. The export price peaked at $55,952 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($50,346 per unit), while the average price for exports to Nicaragua ($5,206 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+109.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lathe for Removing Metal in Guatemala

In 2022, the amount of lathes for removing metal imported into Guatemala skyrocketed to 81 units, picking up by 23% against 2021 figures. In general, imports saw a noticeable increase. The growth pace was the most rapid in 2021 with an increase of 94%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lathe for removing metal imports shrank to $1.5M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 145%. As a result, imports reached the peak of $1.6M, and then fell in the following year.

Import of Lathe for Removing Metal in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	159	380	139.0%
United States	718	254	468	332	-22.7%
China	271	65.3	240	274	0.4%
Italy	20.3	67.7	73.6	152	95.6%
Taiwan (Chinese)	N/A	62.2	100	107	31.2%
Hong Kong SAR	N/A	0.1	N/A	90.2	2903.3%
South Korea	N/A	N/A	N/A	46.8	0%
India	246	N/A	328	N/A	15.5%
El Salvador	174	131	135	N/A	-11.9%
Others	58.9	67.2	85.2	147	35.6%
Total	1,488	648	1,589	1,529	0.9%

Top Suppliers of Lathe for Removing Metal to Guatemala in 2022:

United States (20.0 units)
Hong Kong SAR (20.0 units)
China (13.0 units)
Spain (12.0 units)
Italy (8.0 units)
South Korea (4.0 units)
Taiwan (Chinese) (2.0 units)

Exports of Lathe for Removing Metal in Guatemala

In 2022, after two years of decline, there was decline in overseas shipments of lathes for removing metal, when their volume decreased by 0% to 4 units. Over the period under review, exports saw a precipitous curtailment. The smallest decline of -63.6% was in 2020. Over the period under review, the lafor removing metal exports hit record highs at 11 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, lathe for removing metal exports surged to $81K in 2022. In general, exports continue to indicate a significant decline. Over the period under review, the lafor removing metal exports reached the peak figure at $397K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Lathe for Removing Metal in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	22.7	N/A	N/A	50.3	30.4%
Canada	N/A	N/A	N/A	16.7	0%
El Salvador	46.8	29.1	28.7	9.1	-42.1%
Nicaragua	N/A	N/A	0.1	5.2	5100.0%
United States	N/A	N/A	9.6	N/A	0%
Costa Rica	138	5.0	N/A	N/A	-96.4%
Mexico	190	14.0	N/A	N/A	-92.6%
Others	N/A	N/A	N/A	N/A	0%
Total	397	48.1	38.4	81.4	-41.0%

Top Export Markets for Lathe for Removing Metal from Guatemala in 2022:

Canada (1.0 units)
Nicaragua (1.0 units)
Honduras (1.0 units)
El Salvador (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lathe for removing metal in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

Country coverage:

Guatemala

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guatemala
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023